Nokian Tyres Hires DeCastro to Lead Finance in Americas Region

Nokian Tyres has hired Stephen DeCastro to lead North American financial operations from the company’s new office in Nashville, Tennessee. DeCastro will serve as Nokian Tyres’ Head of Finance and Controlling for the Americas region.

DeCastro has deep experience working in global finance across multiple industries. He joinsNokian Tyres from Dover Corporation in Chattanooga, Tennessee, where he served as SeniorCorporate Finance Director for three years. He previously worked in a variety of capacities atProcter & Gamble, most recently as Senior Manager of Global IT Finance at P&G’s Cincinnati,Ohio headquarters.

DeCastro will oversee financial administration and planning in the Americas region, workingtogether with senior management to analyze and organize financial operations for the growingtire company.

DeCastro joins a growing number of employees at Nokian Tyres’ North American headquartersoffice in Nashville. He brings robust experience in financial planning and analysis, includingspecial expertise in forecasting, competitive intelligence, profit-and-loss management, and costmanagement.

DeCastro is no stranger to global organizations and experiences. Early in his tenure at P&G, heworked as a project manager in San Jose, Costa Rica, where he lived for eight years. He hastraveled to nearly a dozen countries and is fluent in Spanish.

DeCastro is a Wake Forest University graduate and has an MBA from The Ohio StateUniversity.

Nokian Tyres aims to double North American sales by 2023. The Finnish tire company isbuilding a production factory in Dayton, Tennessee, where it plans to produce four million tiresper year once it reaches full capacity. Construction remains on schedule for the plant to beginproducing tires in 2020, and Nokian Tyres will soon begin hiring workers to staff the factory.

Nokian Tyres is the world’s northernmost tire manufacturer and one of the most sustainable companies in the industry. We offer peace of mind in all conditions by developing high-quality, safe and eco-friendly tires for passenger cars, trucks and heavy machinery. We are especially well known for our innovative winter tires. Our group also includes the Vianor chain, specializing in vehicle maintenance and tire services. In 2017, the company’s turnover was approximately USD $2.0 billion and it employed some 4,600 people. Nokian Tyres is listed on Nasdaq Helsinki.More information: www.nokiantires.com